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what you're looking at is people, perhaps, moving to get ahead of the obama administration's new and highly unattractive tax plan for investors. big winners on the day, financials, citi group stock up after announcing they are laying off 4% of the work force, cutting cost, bank of america and travelers example of the financialses movg higher. marathon, chevron, conoco all higher. crude oil down for a second straight day closing under 88 a barrel, an ten yeartreary down to 1.59%. no progress in resolving the fiscal cliff today. i know, you're not surprised by that, but we can report there were, well, some contact between the two principle players in the negotiations if there were negotiations. president obama and speaker john boehner actually talked to one another. it was on the telephone. it was not the face-to-face meeting the speaker says is necessary, but it was the first time that the two men have spoken in a week. for the latest on these stalled negotiations, we turn to fox news chief white house correspondent ed henry forhe report. >> trying to lay blame for stalled buet talks
what you're looking at is people, perhaps, moving to get ahead of the obama administration's new and highly unattractive tax plan for investors. big winners on the day, financials, citi group stock up after announcing they are laying off 4% of the work force, cutting cost, bank of america and travelers example of the financialses movg higher. marathon, chevron, conoco all higher. crude oil down for a second straight day closing under 88 a barrel, an ten yeartreary down to 1.59%. no progress in...
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Dec 6, 2012
12/12
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attorney or it's a trial balloon from the obama administration. and i think more likely, it's a trial balloon. because obama himself has said, look, i'm the president, but i can't legalize marijuana, because congress has outlawed it. either way, it is a trial balloon in the sense that it's going to have a chilling effect on the evolution of the industry in washington. the governor of the state, the regulators, when they get together to hash out the structure of the market, they are conspiring to break federal law. they're committing a crime. >> right. so how is that going to play out? in both these states, you have, you know, basically the law says they're going to have legalized marijuana growth and distribution and regulate it. can any of that even take place, unless there is some resolution from the federal government about how they're going to treat it? >> i think the state's going to move forward and wait to hear. they can't expect any resolution before they move forward. they have one year to do something that no one has ever done, create th
attorney or it's a trial balloon from the obama administration. and i think more likely, it's a trial balloon. because obama himself has said, look, i'm the president, but i can't legalize marijuana, because congress has outlawed it. either way, it is a trial balloon in the sense that it's going to have a chilling effect on the evolution of the industry in washington. the governor of the state, the regulators, when they get together to hash out the structure of the market, they are conspiring...
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administration's message to syria the u.s. is ready to act if you make the tragic mistake of using these weapons there will be consequences and you will be held accountable there will be consequences. there will be consequences we have sent a an unmistakable message that this would cross a red line next how does america the media quickly picked up on the alarming news of the syrian government's alleged plans citing secret intelligence for fox news confirms that syrian troops now have the deadly nerve agent sarin gas weaponized and at the ready the syrian government flatly denied the possibility saying it would not use such weapons against its people. we would not commit suicide we feel there's a conspiracy to provide a pretext for any subsequent interventions in syria by these countries during creasing pressure on syria the syrian government sure knows that if they use chemical weapons it would give nato and some of their arab neighbors who are itching to intervene in syria the green light to go ahead with their plans the mesk
administration's message to syria the u.s. is ready to act if you make the tragic mistake of using these weapons there will be consequences and you will be held accountable there will be consequences. there will be consequences we have sent a an unmistakable message that this would cross a red line next how does america the media quickly picked up on the alarming news of the syrian government's alleged plans citing secret intelligence for fox news confirms that syrian troops now have the deadly...
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Nov 29, 2012
11/12
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. >> sean: all of the things you're saying are dead-on accurate, and the obama administration elevated president morsi, supporting hamas during this recent dust-up with israel. >> yes. >> sean: it begs the question, are the protesters right? is barack obama backing an egyptian dictator, a radical islamist? >> yes. well, let me borrow a favorite phrase of the liberals. silence is complicity. what's happening here. the silence from this administration about christian persecution, the silence about the sentencing to death of these coptic christians over the stupid video, their silence about the suppression of free speech that continues in egypt, is damning, and it is an indictment of this administration for continuing to back what these democracy movements activists are calling the new pharaoh. >> sean: well, that's interesting, because drudge had an interesting piece up on his site. is morsi about to turn egypt into the new iran? >> well, look, if you want to know what the blueprint for an islamic califate wit look at egt now. this is exactly playing into the hands of the muslim brotherh
. >> sean: all of the things you're saying are dead-on accurate, and the obama administration elevated president morsi, supporting hamas during this recent dust-up with israel. >> yes. >> sean: it begs the question, are the protesters right? is barack obama backing an egyptian dictator, a radical islamist? >> yes. well, let me borrow a favorite phrase of the liberals. silence is complicity. what's happening here. the silence from this administration about christian...
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Nov 30, 2012
11/12
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>> under the obama administration, i think it's a real risk. i think they've been hostile to israel and this is one more step to make it easier for the obama people to do exactly that. >> okay. and ambassador john boulton, always a pleasure. >> thank you. stuart: coming up new at 10, the journal "science" comes out with a new study on climate change and could give even more ammunition for a global carbon tax. ammunition for new tax, that will be coming up for you at the top of this hour and as we always say, time is money and here in 30 seconds is what else we've got for you this friday morning. a man whose company managed to power an eetire island with green energy, but it was all privately funded, no subsidies, very small scale, but no subsidies, private throughout. we'll have that man sitting next to me on the set. angry staten island residents lash out at fema, they feel like they've been forgotten. we'll show you that video. illinois has had a huge pension problem, what does it do? created a cartoon snake, squeezy the pension python, and w
>> under the obama administration, i think it's a real risk. i think they've been hostile to israel and this is one more step to make it easier for the obama people to do exactly that. >> okay. and ambassador john boulton, always a pleasure. >> thank you. stuart: coming up new at 10, the journal "science" comes out with a new study on climate change and could give even more ammunition for a global carbon tax. ammunition for new tax, that will be coming up for you at...
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Dec 5, 2012
12/12
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administration has borrowed more money than every other president combined. that's from george washington threw the first five month of bush the younger's administration. in fact every day the u.s. government borrows an astonishing $3.3 billion. even on sunday. so where is the money going? i asked charles krauthammer to analyze. >> when you think about this, it's staggering that in the last four years the president of the united states, barack obama has borrowed more money than every other president until the first five months of president combined. they think it's some kind of monday nopefully game. what is the president and congress spending the money on take an example the stimulus almost a trillion dollars. that's one huge amount spent within a couple of years. it left not a trace? is money that went to entitlements and food disamps. extreme and trivial went to giving sandra fluke free contraceptives that she can't afford at $165,000 a year. she can't shell out $15 a month. that's at the ridiculous extreme. at the other extreme is what you have talked abo
administration has borrowed more money than every other president combined. that's from george washington threw the first five month of bush the younger's administration. in fact every day the u.s. government borrows an astonishing $3.3 billion. even on sunday. so where is the money going? i asked charles krauthammer to analyze. >> when you think about this, it's staggering that in the last four years the president of the united states, barack obama has borrowed more money than every...
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Dec 3, 2012
12/12
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administration never explaining that they were advising the romney campaign. there has to be transparency and if you're getting paid cash by a candidate or advising a campaign, you have to disclose that. >> jon huntsman criticized big players in the gop saying that just concerned were getting on fox. he said, i looked down the debate stage and half of them were probably on fox contracts at one point in their career. you do that, you write some books, go out and sell some more, you get a radio gig or tv gig out of it or something, you say to yourself, the barriers of entry to this game are pretty damn low. >> you not only write some books but in some cases they buy the books. these organizations and think tank. and they do this. they will buy books and actually give them away, therefore, driving up the sales of the books. they get on a list and people think that they have honestly sold books to individuals all over the country. look, they are not a journalistic be organization. and i know what people will now e-mail me and say. well, they are number one. they a
administration never explaining that they were advising the romney campaign. there has to be transparency and if you're getting paid cash by a candidate or advising a campaign, you have to disclose that. >> jon huntsman criticized big players in the gop saying that just concerned were getting on fox. he said, i looked down the debate stage and half of them were probably on fox contracts at one point in their career. you do that, you write some books, go out and sell some more, you get a...
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Dec 1, 2012
12/12
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up until now the obama administration's record on whistle blowers has been problematic. as they highlighted in an august document defending the administration's record on leaks, they have prosecuted twice as many cases under be the espionage act as all other administrations combined. the obama administration's history of aggressively prosecuting leakers has dissturkd lawmakers and activists from the left and right because of the essential role of whistle blowers in rooting out malfeasance. barack obama has managed to both prosecute a record number of leakers and sign genuine concrete legislation to protect whistle blowers. now who deserves whistle-blower protections is up for debate and the meaning for that as well. no case illustrates that more acutely than bradley manning. the army private who is accused of leaking classified documents to wikileaks. he testified about his detention over the past two years. joining me is daniel brian, a.l. press. author of "beautiful souls, saying no." ." ed pilkington. he's been covering the trial and zachary iskole. he's a former mari
up until now the obama administration's record on whistle blowers has been problematic. as they highlighted in an august document defending the administration's record on leaks, they have prosecuted twice as many cases under be the espionage act as all other administrations combined. the obama administration's history of aggressively prosecuting leakers has dissturkd lawmakers and activists from the left and right because of the essential role of whistle blowers in rooting out malfeasance....
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administration and in turn the obama administration announced that they were lowering the fight on childhood obesity and michelle obama recommends that kids go out any these certain dietary guidelines actually contain g m o's most of the time these processed garbage foods and isn't it interesting that bloomberg had truckloads of mountain dew and jerry no shipped into the sandy relief fund area to give these people a bunch of processed garbage snacks that do nothing for nutritional value by bloomberg house foreman false food his corporation had foot food with free junk for every employee within weeks workers piled on the pounds. will the seventeen and sodas sixty hot dogs in ten minutes isn't just good it's patriotic. d.n.a. a little writes the stone on us by our forefathers life liberty and the pursuit of happiness for the contestants assembled here that pursued includes consuming as many hot dogs as is humanly possible elected politicians putting whole dogs over health fight something both some lines instead of trimming americans this is the truth seeker. parents versus social workers docum
administration and in turn the obama administration announced that they were lowering the fight on childhood obesity and michelle obama recommends that kids go out any these certain dietary guidelines actually contain g m o's most of the time these processed garbage foods and isn't it interesting that bloomberg had truckloads of mountain dew and jerry no shipped into the sandy relief fund area to give these people a bunch of processed garbage snacks that do nothing for nutritional value by...
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forces and carry out special operations after twenty fourteen when according to the obama administration american forces are supposed to have completely left the country the afghan government has less than two years to agree or reject the idea the u.s. government may be looking at training armies abroad is a smart investment sort of like outsourcing makes sense in business it's cheaper than having u.s. troops on the ground no need to explain dead troops coming home makes sense from a lot of perspectives but that strategy has backfired more than once in the past eliminating populations that didn't want to see their military become a student of washington's wars in washington i'm gonna check out today's world news headlines now suicide bombers of attack to join us after a military base in the city of jalalabad in eastern afghanistan. two vehicles packed with explosives were detonated at the main gate there followed by gunfire all nine of the assailants involved were killed nato also says at least six afghans died and several allied troops were injured this is the largest such assault in th
forces and carry out special operations after twenty fourteen when according to the obama administration american forces are supposed to have completely left the country the afghan government has less than two years to agree or reject the idea the u.s. government may be looking at training armies abroad is a smart investment sort of like outsourcing makes sense in business it's cheaper than having u.s. troops on the ground no need to explain dead troops coming home makes sense from a lot of...
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Dec 7, 2012
12/12
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the obama administration, obama during the campaign has been open about his desire to try to engage iran bilaterally. it is often portrayed as a last ditch effort at diplomacy before you have to resort to other options. with a bilateral negotiation, were that to ever come about, give the u.s. an opportunity to engage on human rights issues? the general policy has been the u.s. wants to keep it limited to large control but is that proper or would there be an opportunity, a window for the u.s. to engage with iran on these issues? >> there has always been a conceptual dispute. there is a group that suggests that the agenda should be kept narrow because otherwise, it gives the iranians the opportunity to divert and talk about afghanistan or by iran or syria. they say the agenda has to remain narrow as a means of focusing issue on our principal concern which is proliferation. the second school of thought suggests if the agenda is broader, perhaps you can have agreements on other issues that would mitigate the agreements on the nuclear issue. that particular concept has never been resolved. wh
the obama administration, obama during the campaign has been open about his desire to try to engage iran bilaterally. it is often portrayed as a last ditch effort at diplomacy before you have to resort to other options. with a bilateral negotiation, were that to ever come about, give the u.s. an opportunity to engage on human rights issues? the general policy has been the u.s. wants to keep it limited to large control but is that proper or would there be an opportunity, a window for the u.s. to...
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Dec 4, 2012
12/12
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it is important to mention this is not the first time that we hear the obama administration's aid that the use of chemical weapons by syria would be -- the obama administration say that the use of chemical weapons by syria would be a mistake. government were to fall, what might happen to those chemical weapons? >> that is a real concern. beyond worrying that the assad government might use them, there is concern about the collapse. there are various groups fighting. what will the rebels do? there is contact between the u.s. and the rebels on the ground, died in them as to how they should proceed -- guiding them as to how they should proceed, what to do about these weapons if they are in control. there is contingency planning with the american allies in the region about what to do if there is a collapse. it would involve moving in with troops, you would assume, to secure those weapons. >> as the conflict grinds on, there -- are there any signs of new thinking? >> all options are bad options. that is what is making it so difficult for anyone to come up with a plan to move forward and brin
it is important to mention this is not the first time that we hear the obama administration's aid that the use of chemical weapons by syria would be -- the obama administration say that the use of chemical weapons by syria would be a mistake. government were to fall, what might happen to those chemical weapons? >> that is a real concern. beyond worrying that the assad government might use them, there is concern about the collapse. there are various groups fighting. what will the rebels...
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Nov 30, 2012
11/12
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we all know that has not worked in the past years, especially the obama administration. the administration has failed, actually, to do anything for the peace process, and some are hoping it might change with the new administration. secretary clinton is leaving, and there are hopes that may be things will pick up again with her successor. >> thanks for the update. >> now for the view from jerusalem, let's cross over to our correspondent who is standing by for us there. the israeli prime minister has condemned the palestinian move. can you tell us more about how israel views this? >> i think israel is concerned that through this upgrade, palestinians could challenge israel legally and diplomatically now. in past weeks, we have heard the israeli government saying that this is a unilateral move that violates the oslo court, that the house indians are aiming to join the international criminal court, and it preempts the united nations. i think for israel right now, the concern is on the diplomatic outcome as well, how countries will be voting, and the high level of support tha
we all know that has not worked in the past years, especially the obama administration. the administration has failed, actually, to do anything for the peace process, and some are hoping it might change with the new administration. secretary clinton is leaving, and there are hopes that may be things will pick up again with her successor. >> thanks for the update. >> now for the view from jerusalem, let's cross over to our correspondent who is standing by for us there. the israeli...
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it certainly looks that way i mean there's as you say there's seven cases here in the obama administration depending on how you count them two three or four during all presidential administrations before at least in terms of espionage act cases related to leaks and so it does seem to be a trend to really either have a zero tolerance and force one policy or at least some kind of much stricter more rigorously enforced when you're in the question's going to be is it fair to charge some people with felonies for the kinds of violations that other people in the past have gotten a slap in the wrist for or maybe just lost their clearance or their job yet you know whether or not it's a tragedy and them we are seeing that the seventh person now and this is kind of raising suspicion that. whistleblowers are accused whistleblowers are are being singled out are there is a there's a crackdown on those that try to blow the whistle. yet i mean in several of these people could be characterized as whistleblowers i'm not sure this latest case the seventh case is the best example of that because he was sendin
it certainly looks that way i mean there's as you say there's seven cases here in the obama administration depending on how you count them two three or four during all presidential administrations before at least in terms of espionage act cases related to leaks and so it does seem to be a trend to really either have a zero tolerance and force one policy or at least some kind of much stricter more rigorously enforced when you're in the question's going to be is it fair to charge some people with...
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Dec 3, 2012
12/12
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either way, we are looking at white house obama administration taking this more seriously. the problem they face is a problem that they face in the sense of the last several months. the words don't mean as much now. they have been calling for assad to go for a year-and-a-half. they have been making the threats. very little of it has come to pass. there is very little action that supported the rhetoric over the course of the past year-and-a-half. if the stepped up rhetoric and hillary clinton identifying the use of chemical weapons as a redline which is well understood might give assad pause and people under him pause. it's the kind of situation where if you do this are you worried about what they said today as opposed to all year long. >> bret: there is fighting along the turkish border. turkey is concerned about that. about that increase. they will try to stop syrian jets attacking turkey, where the syrian rebels train. this is also increasing along the border. >> it's definitely increasing if the words from the president and the white house are the same, but it does seem
either way, we are looking at white house obama administration taking this more seriously. the problem they face is a problem that they face in the sense of the last several months. the words don't mean as much now. they have been calling for assad to go for a year-and-a-half. they have been making the threats. very little of it has come to pass. there is very little action that supported the rhetoric over the course of the past year-and-a-half. if the stepped up rhetoric and hillary clinton...
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. ♪ lou: the obama administration tonight ramping up dlomatic efforts to end seer -- syris bloody civil war and the fear assad could use chemical weapons against his own people. the military is prepared to use poisen gas bombs, secretary of hillary clinton flew to dublin to hold a meetg with her russian counter part and u.n. enjoy to syria meeting to discuss how they would end the now 21-month long conflict in syria and how to move assad from power. and there's no sign they had to reverse the support, and toda a senior lawmaker says the syria government is now incapable of functioning properly. just before the meeting with the russian foreign minister, secretary clinton insisted that the united states and russia share common goals in the region. >> trying hard to work hard with russia to stop the bloodshed in syria and begin a political transition to a post asad future the pressure against the regime in and aroundamascus seems to be increasing. lou: at home, leon pa net fa issuing the -- panetta issuinghe sharpest warning yet. >> the president of t united states made it clear there will
. ♪ lou: the obama administration tonight ramping up dlomatic efforts to end seer -- syris bloody civil war and the fear assad could use chemical weapons against his own people. the military is prepared to use poisen gas bombs, secretary of hillary clinton flew to dublin to hold a meetg with her russian counter part and u.n. enjoy to syria meeting to discuss how they would end the now 21-month long conflict in syria and how to move assad from power. and there's no sign they had to reverse the...
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Nov 29, 2012
11/12
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CNNW
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so i don't see any place for mitt romney inside an obama administration. >> i still think it would be nice. wait a second. wait a second. i think it would be nice for symbolism sake, perhaps, if president obama and mitt romney came out after that luncheon and appeared before cameras, said a few things and walked away. wouldn't that be nice, roland? >> no, no. >> come on. yes, it would. >> no, it wouldn't. no, it wouldn't. first of all, what are they going to say? the salmon's great? come on. the bottom line is if you're the president of the united states, let's be honest, carol, you're not going to reduce yourself to -- i'm going to stand next to the guy. i kicked his behind. no, no, no. it's not going to happen. >> that is such macho posturing. macho posturing, roland martin. >> yes, it is. >> the guy with all the bravado? >> if a woman were to beat mitt romney, she would say i kicked his behind. come on, carol. >> there's a small symbolic value, carol. but it can't mask a real disagreement. by the way, did you say you would hire me? >> yeah. i'm serious. will, i like you enough, i w
so i don't see any place for mitt romney inside an obama administration. >> i still think it would be nice. wait a second. wait a second. i think it would be nice for symbolism sake, perhaps, if president obama and mitt romney came out after that luncheon and appeared before cameras, said a few things and walked away. wouldn't that be nice, roland? >> no, no. >> come on. yes, it would. >> no, it wouldn't. no, it wouldn't. first of all, what are they going to say? the...
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Dec 1, 2012
12/12
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when the obama administration is adding hundreds of regulations every month particularly with health care industry, the environmental situation, i don't see any coming off of anybody whether it is health care interests or industry in general. >> guest: there are a lot of regulations. lot of bad regulations and i am not suggesting all forms of regulation are good but i do think it is very clear that for example some industries like big oil and gas companies have had benefits in terms of tax breaks, there has been an effort to push back up climate's regulation, whether it is a carbon tax or a movement toward global agreements on climate, there have been efforts to pursue certain kinds of regulatory approaches more beneficial and others such as promoting free trade agreements without intensively promoting the enforcement of trade and so forth. is not whether there's regulation or not or how many regulations there are but to the regulations favor and how they impact everybody else. >> host: david rothkopf is our guest. bob in marina, california is the next caller. >> it is an honor to ta
when the obama administration is adding hundreds of regulations every month particularly with health care industry, the environmental situation, i don't see any coming off of anybody whether it is health care interests or industry in general. >> guest: there are a lot of regulations. lot of bad regulations and i am not suggesting all forms of regulation are good but i do think it is very clear that for example some industries like big oil and gas companies have had benefits in terms of...
WHUT (Howard University Television)
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Dec 5, 2012
12/12
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WHUT
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the obama administration has threatened veto minutes over his authority to handle terrorism suspects. in a separate vote, senate republicans defeated a measure to ratify a landmark concatenations treaty banning discrimination against people with disabilities. the final vote was 61-38. five votes short of the two- thirds majority needed for approval. republicans rejected the measure, saying it would make it easier to obtain abortions and place restrictions on home- schooled children. the rejection came despite the un treaty itself being modeled on a piece of u.s. law, the americans with disabilities act of 1990. 126 countries, including britain, germany, china, and russia, have already ratified the un convention is a person with disabilities. bernard obermeyer of the who noted that the treaty rejected by republicans covers 15% of the world's population. >> people with disabilities make a 15% of the world's population and have worse health and socio- economic outcomes than people without disabilities. across the world, people with disabilities have for help, lower educational achievemen
the obama administration has threatened veto minutes over his authority to handle terrorism suspects. in a separate vote, senate republicans defeated a measure to ratify a landmark concatenations treaty banning discrimination against people with disabilities. the final vote was 61-38. five votes short of the two- thirds majority needed for approval. republicans rejected the measure, saying it would make it easier to obtain abortions and place restrictions on home- schooled children. the...
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Nov 29, 2012
11/12
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so far there are no serious proposals whatsoever coming from the obama administration with regard to cutting this level of debt that the united states knows. america is heading for an economic catastrophe. it is a slow-moving sort of trained crash. gerri: i think that train is being of every single day. to you. imperial presidency. not only imperial. it's on hiatus. the talks have been outsourced. the very man who negotiated the biggest bailout of banks in u.s. history. i think his choice of a negotiator is even problematic at this point. >> i completely agree. if you think back to the start of the first administration, he had his problems getting confirmed because of that the year to pay taxes. he's not well loved. he is an intro figure in the bailout of the banks and their supervision money was at the new york fed. this is not an ideal person to carry the message to the help. the message itself as dangerous. i agree 100 percent. this is not a message for the american people, international markets. and that you think it is an example of the administration misunderstanding the electi
so far there are no serious proposals whatsoever coming from the obama administration with regard to cutting this level of debt that the united states knows. america is heading for an economic catastrophe. it is a slow-moving sort of trained crash. gerri: i think that train is being of every single day. to you. imperial presidency. not only imperial. it's on hiatus. the talks have been outsourced. the very man who negotiated the biggest bailout of banks in u.s. history. i think his choice of a...
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forces and carry out special operations after twenty fourteen when according to the obama administration american forces are supposed to have completely left the country the afghan government has less than two years to agree or reject the idea the u.s. government may be looking at training armies abroad as a smart investment sort of like outsourcing makes sense in business it's cheaper than having u.s. troops on the ground no need to explain dead troops coming home makes sense from a lot of perspectives but that strategy has backfired more than once in the past eliminating populations that didn't want to see their military become a student of washington's wars in washington i'm gonna check out. more news ahead including the tale of the prime minister the press and a public baying for blood. damning at. it's simpler he says britons of free media needs to be reined in with regulation. and silicon valley is of turfing out of the talent after the break we explain why there is now no place for those who hope to america's digital innovation. wedge issues do just what their name implies they ge
forces and carry out special operations after twenty fourteen when according to the obama administration american forces are supposed to have completely left the country the afghan government has less than two years to agree or reject the idea the u.s. government may be looking at training armies abroad as a smart investment sort of like outsourcing makes sense in business it's cheaper than having u.s. troops on the ground no need to explain dead troops coming home makes sense from a lot of...
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Nov 29, 2012
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the obama administration announced is putting a temporary stop on new federal contracts with bp. for more on the financial impact, i spoke with adam brooks. and what does this actually need for bp? >> it means they still have not been forgiven for the explosion in the deep water rights in that killed 11 people and pumped millions of gallons of oil into the gulf of mexico in 2010. it means that in addition to $4.5 billion in fines that they have agreed to pay, a leading criminal charges, bp will now not -- pleading guilty to criminal charges, bp will now not in -- get any new business in the u.s. >> how much business does vp actually have with the u.s. government at the moment? >> most people point to its contract that it has today, $1.4 billion in fuel that it sold to the u.s. last year. bp employs 23,000 people here and has billions of dollars in investments. it was hinting that it was not in america's interest to allow bp's business here to go under. another important thing, they have new drilling with it -- leases in the gulf of mexico. >> leval they have to do to get in on th
the obama administration announced is putting a temporary stop on new federal contracts with bp. for more on the financial impact, i spoke with adam brooks. and what does this actually need for bp? >> it means they still have not been forgiven for the explosion in the deep water rights in that killed 11 people and pumped millions of gallons of oil into the gulf of mexico in 2010. it means that in addition to $4.5 billion in fines that they have agreed to pay, a leading criminal charges,...